At commencement of a year X plc had in issue 500,000 ordinary shares of £1 each fully called up, and a balance of £90,000 in the Share premium account. During the year they made a bonus issue of three for every twenty shares, using the balance in the Share premium account, and, thereafter, a rights issue of one for every five shares at 180p each. What will be the balances, by the year-end, in the company’s Share capital account and Share premium account?

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Share capital a £630,000 b £714,000 C c £690,000 d £500,000 Share premium £149,000 £15,000 £107,000 £90,000